Suppose the quote on pounds and quote for euro

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A) Suppose the quote on pounds is $1.9721-35/£. If you converted $10,000 to pounds and then back to dollars, how many dollars would you end up with?

B) The direct quote for Euro in U.S is $1.1005-$1.1008/e and for Swiss Franc is $1.0104-$1.0108/SFr. What is the direct quote for the Swiss Franc in Frankfurt?

Reference no: EM131104338

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